- Nov 07, 2020
Top 10 Rudolf Hilferding Quotes
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- Last Updated on May 30, 2021
- Consequently
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- Nov 07, 2020
Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition.
- Exchange
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- Nov 07, 2020
The object of the law of value is to elucidate the actual exchange relations of commodities.
- More
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- Nov 07, 2020
The expansion of the market creates a need for enhanced and more regular supply, and this in turn impels commercial capital to acquire control of production as well.
- Expression
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- Nov 07, 2020
Since, however, the reduced surplus value is to be distributed among them in like manner, the modification of their respective parts in the production of surplus value must find expression in a modification of the prices.
- Law
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- Nov 07, 2020
It is therefore utterly false to say that Marx revokes the law of value as far as individual commodities are concerned, and maintains it in force solely for the aggregate of these commodities.
- Formation
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- Nov 07, 2020
It is obvious, moreover, that the formation of price in capitalist society must differ from the formation of price in social conditions based upon the simple production of commodities.
- Labor
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- Nov 07, 2020